Edgar Filing: NTT DOCOMO INC

Form 6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January, 2008

Commission File Number: 001-31221

Total number of pages: 53

NTT DoCoMo, Inc.

(Translation of registrant’s name into English)

Sanno Park Tower 11-1, Nagata-cho 2-chome

Chiyoda-ku, Tokyo 100-6150

Japan

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F x Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ¨ No x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-

Information furnished in this form:


1.		Earnings Release for the Nine Months Ended December 31, 2007

2.		Materials presented in conjunction with the earnings release dated January 29, 2008 announcing the company’s results for The Nine Months ended December 31, 2007

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	NTT DoCoMo, Inc.

Date: January 29, 2008	By:	/s/ YOSHIKIYO SAKAI
		Yoshikiyo Sakai Head of Investor Relations

3:00 P.M. JST, January 29, 2008

NTT DoCoMo, Inc.

Earnings Release for the Nine Months Ended December 31, 2007

Consolidated financial results of NTT DoCoMo, Inc. and its subsidiaries (collectively “we” or “DoCoMo”) for the nine months ended December 31, 2007 (April 1, 2007 to December 31, 2007), are summarized as follows.

<< Highlights of Financial Results >>

•

For the nine months ended December 31, 2007, operating revenues were ¥3,522.0 billion (down 2.1% compared to the same period of the prior year), operating income was ¥625.0 billion (down 7.7% compared to the same period of the prior year), income before income taxes was ¥628.7 billion (down 7.6% compared to the same period of the prior year) and net income was ¥376.5 billion (down 6.7% compared to the same period of the prior year).

•

Earnings per share were ¥8,714.79 (down 4.8% compared to the same period of the prior year) and EBITDA margin* was 34.3% (down 0.3 point compared to the same period of the prior year).

Notes:

1.	Consolidated financial statements in this release are unaudited.

2.	Amounts in this release are rounded off.

EBITDA and EBITDA margin, as we use them, are different from EBITDA as used in Item 10(e) of Regulation S-K and may not be comparable to similarly titled measures used by other companies. For an explanation of our definition of EBITDA and EBITDA margin, see the reconciliations to the most directly comparable financial measures calculated and presented in accordance with GAAP on page18.

<< Comment from Masao Nakamura, President and CEO >>

In the third quarter of the fiscal year ending March 31, 2008, we introduced new handset purchase methods, the “Value Course” and “Basic Course”, in conjunction with the release of our latest “FOMA 905i” series phones, in an effort to encourage customers to migrate to the new purchase methods, which we believe are more appropriate for the current state of the Japanese cellular phone market. The “Value Course”, in particular, got off to a good start, with more than two million customers choosing to buy a handset using this method in just two months after its launch. The new discount services, “Fami-wari MAX 50”, “Hitoridemo Discount 50” and “Office-wari MAX 50”, which were introduced in the summer of 2007, have also been received favorably, and their combined subscription count reached approximately 17.6 million as of December 31, 2007, accounting for over 30% of our total cellular subscriptions. Meanwhile, our cellular churn rate for the third quarter dropped to 0.74%, demonstrating that these new measures are beginning to deliver tangible results.

As for the financial results for the first three quarters of the fiscal year ending March 31, 2008, both operating revenues and operating income decreased compared to the same period of the last fiscal year to ¥3,522.0 billion and ¥625.0 billion, respectively, despite the reduction in distributor commissions achieved by the introduction of new handset purchase methods and other measures. This decline is mainly attributable to the decrease in cellular services revenues, which were impacted by the new discount services launched simultaneously with the new purchase methods and other factors.

In the coming spring, we plan to release 13 new models in the “FOMA 705i” lineup comprising a wide variety of handsets featuring distinctive designs and functionality. By introducing these new models after our “FOMA 905i” handsets, which are equipped with a full range of state-of-the-art functions, for instance, high-speed data access, international roaming and one-segment TV capabilities, we intend to further enrich our handset portfolio to cater to the demands of broader user segments and accelerate the uptake of the new purchase methods and discount services. On the service front, we have endeavored to improve customer satisfaction, for example, by expanding the coverage of FOMA High-Speed service that provides transmission speeds of up to 3.6Mbps to 97% of the populated areas in Japan, so that our customers can download video, music and other large-capacity contents more comfortably.

While the competitive environment is expected to remain harsh, we are committed to taking up the challenge to create new values and move “one step ahead” by undertaking various measures, including the option to collaborate with external partners, with the goal to transform cellular phones into a “lifestyle infrastructure” closely tied to people’s everyday lives.

<< 1. Operating Results >>

1.	Business Overview


(1) Results of operations	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2007			Increase (Decrease)					Year ended March 31, 2007
Operating revenues	¥	3,597.0		¥	3,522.0		¥	(75.0	)	(2.1	)%	¥	4,788.1
Operating expenses		2,920.1			2,897.0			(23.1	)	(0.8	)		4,014.6

Operating income		676.9			625.0			(51.9	)	(7.7	)		773.5
Other income (expense)		3.8			3.7			(0.1	)	(1.8	)		(0.6	)

Income before income taxes		680.7			628.7			(52.0	)	(7.6	)		772.9
Income taxes		276.7			253.3			(23.5	)	(8.5	)		313.7
Equity in net income (losses) of affiliates		(0.2	)		1.2			1.4		—			(1.9	)
Minority interests in consolidated subsidiaries		(0.0	)		(0.1	)		(0.1	)	(254.3	)		(0.0	)

Net income	¥	403.7		¥	376.5		¥	(27.2	)	(6.7	)%	¥	457.3

(2)

Operating revenues


	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006		(UNAUDITED) Nine months ended December 31, 2007		Increase (Decrease)
Wireless services	¥	3,248.8	¥	3,158.7	¥	(90.1	)	(2.8	)%
Cellular services revenues		3,157.6		3,060.5		(97.1	)	(3.1	)
- Voice revenues		2,238.5		2,041.6		(196.9	)	(8.8	)
Including: FOMA services		1,308.3		1,582.6		274.2		21.0
- Packet communications revenues		919.1		1,018.9		99.8		10.9
Including: FOMA services		697.5		921.1		223.6		32.1
PHS services revenues		18.4		9.4		(9.0	)	(49.1	)
Other revenues		72.8		88.9		16.1		22.1
Equipment sales		348.3		363.3		15.1		4.3

Total operating revenues	¥	3,597.0	¥	3,522.0	¥	(75.0	)	(2.1	)%

Notes:

Cellular services revenues for the nine months ended December 31, 2006 reflect the impact of changes in estimates regarding initially recognizing as revenues the portion of “Nikagetsu Kurikoshi” (two-month carry-over) allowances that are estimated to expire.

Voice revenues include data communications revenues through circuit switching systems.

•

Operating revenues totaled ¥3,522.0 billion (down 2.1% compared to the same period of the prior year).

•

Cellular services revenues decreased to ¥3,060.5 billion (down 3.1% compared to the same period of the prior year), due to the penetration of expanded discount programs called “Fami-wari MAX 50” and “Hitoridemo Discount 50”, both of which were introduced in August 2007, and the adverse impact of changes in estimates regarding initially recognizing as revenues during the same period of the prior year the portion of “Nikagetsu Kurikoshi (two-month carry-over)” allowances that are estimated to expire.

•

Voice revenues from FOMA services increased to ¥1,582.6 billion (up 21.0% compared to the same period of the prior year) and packet communications revenues from FOMA services increased to ¥921.1 billion (up 32.1% compared to the same period of the prior year) owing to a significant increase in the number of FOMA services subscriptions to 42.08 million (up 31.0% compared to the same period of the prior year).

•

Equipment sales totaled ¥363.3 billion (up 4.3% compared to the same period of the prior year), due to the introduction of new handset-purchase methods called “Value Course” and “Basic Course” in November 2007.

(3)

Operating expenses


	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006		(UNAUDITED) Nine months ended December 31, 2007		Increase (Decrease)
Personnel expenses	¥	188.8	¥	186.7	¥	(2.1	)	(1.1	)%
Non-personnel expenses		1,860.4		1,815.6		(44.8	)	(2.4	)
Depreciation and amortization		537.4		558.0		20.6		3.8
Loss on disposal of property, plant and equipment and intangible assets		35.5		43.5		8.0		22.7
Communication network charges		270.7		264.1		(6.6	)	(2.4	)
Taxes and public dues		27.4		29.2		1.8		6.4

Total operating expenses	¥	2,920.1	¥	2,897.0	¥	(23.1	)	(0.8	)%

•

Operating expenses were ¥2,897.0 billion (down 0.8% compared to the same period of the prior year).

•

Personnel expenses were ¥186.7 billion (down 1.1% compared to the same period of the prior year). The number of employees as of December 31, 2007 was 22,027.

•

Non-personnel expenses decreased to ¥1,815.6 billion (down 2.4% compared to the same period of the prior year). The introduction of new handset-purchase methods resulted in a decrease in commissions paid to sales agents while a decrease in procurement cost per handset reduced the total cost of equipment sold.

•

Depreciation and amortization increased to ¥558.0 billion (up 3.8% compared to the same period of the prior year) following intensive capital expenditures for expansion of FOMA service areas in the prior fiscal year.

(4)

Operating income

•

Operating income decreased to ¥625.0 billion (down 7.7% compared to the same period of the prior year).

(5)

Income before income taxes

•

Income before income taxes decreased to ¥628.7 billion (down 7.6% compared to the same period of the prior year), due to a decrease in operating income.

(6)

Net income

•

Net income was ¥376.5 billion (down 6.7% compared to the same period of the prior year).

2.	Key Performance Indicators

(1)

Number of subscriptions and other indicators


<Number of subscriptions by services>	Ten thousand subscriptions
	March 31, 2007	December 31, 2007	Increase (Decrease)
Cellular (FOMA+mova) services	5,262	5,315	53		1.0	%
Cellular (FOMA) services	3,553	4,208	655		18.4
Cellular (mova) services	1,709	1,107	(602	)	(35.2	)
i-mode services	4,757	4,783	26		0.5
PHS services	45	16	(30	)	(65.7	)

Note:

Number of i-mode subscriptions = Cellular (FOMA) i-mode subscriptions + Cellular (mova) i-mode subscriptions

<Number

of handsets sold and Churn rate>


	Ten thousand units/%
	Nine months ended December 31, 2006		Nine months ended December 31, 2007		Increase (Decrease)
Cellular (FOMA+mova) services	1,868		1,932		64		3.4	%
Cellular (FOMA) services
New FOMA subscription	377		439		62		16.5
FOMA subscription by mova subscribers	692		514		(179	)	(25.8	)
Handset upgrade by FOMA subscribers	623		941		318		51.0
Cellular (mova) services
New mova subscription	73		17		(56	)	(77.0	)
Handset upgrade by mova subscribers	103		21		(82	)	(79.4	)
Churn Rate	0.72	%	0.85	%	0.13point		—

Note:

Number of handsets sold includes the number of subscriptions with unsubscribed handsets brought by the subscribers.

•

The aggregate number of cellular (FOMA+mova) services subscriptions was 53.15 million as of December 31, 2007, an increase of 0.53 million compared to the number as of March 31, 2007. The increase derived from our continued efforts to strengthen total competitiveness from a customer-centric viewpoint, including the offering of expanded discount programs such as “Fami-wari MAX 50”, the introduction of a new handset-purchase method called “Value Course” and a discounted billing plan called “Value Plan”, the enrichment of our handset lineup and network services and the enhancement of network quality.

•

Due to the steady migration of subscribers from mova services to FOMA services, the number of FOMA services subscriptions increased to 42.08 million, up 6.55 million since March 31, 2007, and the proportion of FOMA services subscriptions to the aggregate cellular (FOMA+mova) subscriptions increased to 79.2% as of December 31, 2007.

•

The number of handsets sold (FOMA+mova) increased to 19.32 million units (up 3.4% compared to the same period of the prior year).

•

The churn rate for cellular (FOMA+mova) services for the nine months ended December 31, 2007 was 0.85% (up 0.13 point compared to the same period of the prior year), due to the impact of the Mobile Number Portability.

(2)

Trend of ARPU and other operation data


	Yen/Minutes/Ten thousand subscriptions
	Nine months ended December 31, 2006		Nine months ended December 31, 2007		Increase (Decrease)
Aggregate ARPU* (FOMA+mova)	¥	6,760	¥	6,470	¥	(290	)	(4.3	)%
Voice ARPU		4,780		4,290		(490	)	(10.3	)
Packet ARPU		1,980		2,180		200		10.1
Aggregate ARPU (FOMA)		8,000		7,160		(840	)	(10.5	)
Voice ARPU		5,200		4,510		(690	)	(13.3	)
Packet ARPU		2,800		2,650		(150	)	(5.4	)
MOU* (FOMA+mova) (minutes)		146		140		(6	)	(4.1	)

	December 31, 2006		December 31, 2007		Increase (Decrease)
Number of i-channel subscriptions (ten thousand)		812		1,495		683		84.1	%
Number of subscriptions for flat-rate billing plans for unlimited i-mode usage (ten thousand)		856		1,195		338		39.5	%

Note:

Number of subscriptions for flat-rate billing plans for unlimited i-mode usage: “pake-hodai” subscriptions + “pake-hodai full” subscriptions

*See“Definition and Calculation Methods of ARPU and MOU”on page 17 for details of definitions and calculation methods of ARPU and MOU.

•

Aggregate ARPU of cellular (FOMA+mova) services decreased to ¥6,470 for the nine months ended December 31, 2007 (down 4.3% compared to the same period of the prior year) due to the penetration of expanded discount programs such as “Fami-wari MAX 50” and the adverse impact of changes in estimates regarding initially recognizing as revenues during the same period of the prior year the portion of “Nikagetsu Kurikoshi (two-month carry-over)” allowances that are estimated to expire.

(3)

Trend of capital expenditures


<Breakdown of capital expenditures>	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006		(UNAUDITED) Nine months ended December 31, 2007		Increase (Decrease)
Mobile phone business	¥	583.5	¥	403.7	¥	(179.8	)	(30.8	)%
PHS business		0.9		0.3		(0.7	)	(73.3	)
Other (including information systems)		94.8		84.2		(10.6	)	(11.2	)

Total capital expenditures	¥	679.3	¥	488.2	¥	(191.1	)	(28.1	)%


<Approximate number of base stations installed>	Units/Facilities
	March 31, 2007	December 31, 2007	Increase (Decrease)
Outside base stations (units)	35,700	40,600	4,900	13.7	%
Facilities with indoor systems (facilities)	10,400	13,300	2,900	27.9

•

We were involved in enhancement of network quality and acceleration of network speed reflecting requests from our customers while we continued our efforts to save on equipment procurement costs. As a result, total capital expenditures during the nine months ended December 31, 2007 decreased to ¥488.2 billion (down 28.1% compared to the same period of the prior year).

•

The aggregate number of outside base stations installed was approximately 40,600, an increase of 4,900 from March 31, 2007, and the aggregate number of facilities with indoor systems was approximately 13,300, an increase of 2,900 from March 31, 2007.

(4)

Segment information


	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2007			Increase (Decrease)
Operating revenues
Mobile phone business	¥	3,547.9		¥	3,476.8		¥	(71.1	)	(2.0	)%
PHS business		18.7			9.7			(9.0	)	(48.1	)
Miscellaneous businesses		30.5			35.6			5.1		16.8

Total operating revenues (consolidated)	¥	3,597.0		¥	3,522.0		¥	(75.0	)	(2.1	)%

Operating expenses
Mobile phone business	¥	2,853.0		¥	2,812.6		¥	(40.3	)	(1.4	)%
PHS business		26.1			29.1			3.0		11.6
Miscellaneous businesses		41.1			55.3			14.3		34.7

Total operating expenses (consolidated)	¥	2,920.1		¥	2,897.0		¥	(23.1	)	(0.8	)%

Operating income (losses)
Mobile phone business	¥	694.9		¥	664.1		¥	(30.8	)	(4.4	)%
PHS business		(7.4	)		(19.4	)		(12.0	)	(162.0	)
Miscellaneous businesses		(10.6	)		(19.7	)		(9.1	)	(86.1	)

Total operating income (consolidated)	¥	676.9		¥	625.0		¥	(51.9	)	(7.7	)%

Mobile phone business

<<Handsets>>

• Eleven new models of FOMA handset were released, including seven of the latest“FOMA 905i” series.

<<Services>>

• The point program of “DoCoMo Premier Club” was expanded to further reward long-term subscribers.

• “DoCoMo Premier Club” started to provide its membership with various privileges in Guam and Saipan.

• Three security services, “Omakase Lock”, “Keitai-Osagashi Service” and “Data Security Service”, were packaged into“Keitai-Anshin Package” with a discounted monthly fee.

• “imadoco search” service, which enables a subscriber to locate another subscriber on an electronic map via i-mode or PC, was launched.

• “area mail” service, which enables subscribers to receive emergency information from the Japan Meteorological Agency or municipalities in the case of a disaster, was launched.

• “i-channel” service was launched in Italy by Wind Telecomunicazioni S.p.A.

• We agreed with KT Freetel Co., Ltd. to jointly invest in U Mobile Sdn. Bhd., a new Malaysian 3G mobile operator.

• We expanded the service area of international roaming-out services (for voice calls and SMS to 155 countries and areas, for packet communications to 107 countries and areas, and for videophone calls to 41 countries and areas as of December 31, 2007) .


	<<Billing>>	• Two new handset-purchase methods called “Value Course” and “Basic Course”, and a discounted billing plan called “Value Plan” were introduced. (The aggregate number of subscriptions to the “Value plan” surpassed 2 million as of January 15, 2008.)
	<<Other>>	• DoCoMo’s involvement in the universal design of handsets and services was publicly recognized by the Japanese government when we won “the prime minister’s prize for the promotion of Barrier-free handicap access”.

PHS business		• PHS services were terminated on January 7, 2008.

Miscellaneous businesses		• interTouch Pte. Ltd., a DoCoMo’s wholly-owned subsidiary, agreed to fully acquire MagiNet Pte. Ltd., a broadband internet service provider for hotel facilities. • The number of “iD” membership surpassed 5 million as of the end of November 2007.

<< 2. Financial Position >>

(1)

Financial position


	Billions of yen/%
	(UNAUDITED) December 31, 2006			(UNAUDITED) December 31, 2007			Increase (Decrease)
Total Assets	¥	6,053.1		¥	6,043.7		¥	(9.4	)	(0.2	)%
Shareholders’ equity		4,128.3			4,222.5			94.2		2.3
Liabilities		1,923.6			1,819.9			(103.7	)	(5.4	)
Interest bearing liabilities		654.0			506.2			(147.8	)	(22.6	)

Equity ratio (1)		68.2	%		69.9	%		1.7 point		—
Debt ratio (2)		13.7	%		10.7	%		(3.0) point		—

Notes:

(1)

Equity ratio = Shareholders’ equity / Total assets

(2)

Debt ratio = Interest bearing liabilities / (Shareholders’ equity + Interest bearing liabilities)

(2)

Cash flow conditions


	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2007			Increase (Decrease)
Net cash provided by operating activities	¥	582.0		¥	1,027.4		¥	445.3	76.5	%
Net cash used in investing activities		(717.8	)		(509.5	)		208.3	29.0
Net cash used in financing activities		(462.1	)		(414.2	)		47.9	10.4
Free cash flows (1)		(135.7	)		517.9			653.7	—
Adjusted free cash flows* excluding the effects of irregular factors (2) and changes in investments for cash management purposes (3)		31.9			361.2			329.3	—

Notes:

(1)

Free cash flows = Net cash provided by operating activities + Net cash used in investing activities

(2)

Irregular factors = the effects of uncollected revenues due to bank closures at the end of the fiscal period

(3)

Changes in investments for cash management purposes = Changes by purchases, redemptions and sales of financial instruments for cash management purposes with original maturities of longer than 3 months.

See the reconciliations to the most directly compatible financial measures calculated and presented in accordance with GAAP on page 18.

•

Net cash provided by operating activities was ¥1,027.4 billion (up 76.5% compared to the same period of the prior year). The increase in net cash provided by operating activities resulted mainly from a decrease in the net payment of income taxes to ¥179.5 billion from ¥358.5 billion in the same period of the prior year, after the deferred tax asset from the impairment of our investment in Hutchison 3G UK Holdings Limited was realized during the prior fiscal year. During the same period of the prior year, when banks were closed on the last day of December, the cash reception of ¥217.0 billion, including cellular revenues, was deferred to January 2007. As banks were also closed at the last day of both March and December 2007, cash in the amount of ¥210.0 billion, including cellular revenues, which would have been received by March 31, 2007, was actually received in April 2007 while the reception of cash in the amount of ¥201.0 billion, which would have been received by December 31, 2007, was deferred to January 2008.

•

Net cash used in investing activities decreased to ¥509.5 billion (down 29.0% compared to the same period of the prior year). An increase in acquisition of long-term investments was more than offset by a combination of a decrease in acquisitions of tangible and intangible assets and an increase in net cash inflows from changes of investments for cash management purposes.

•

Net cash used in financing activities decreased to ¥414.2 billion (down 10.4% compared to the same period of the prior year) due mainly to a decrease of repayments for outstanding long-term debt. We spent ¥123.0 billion in the nine months ended December 31, 2007 to repurchase our own stock in the market.

•

Free cash flows were ¥517.9 billion. Free cash flows excluding the effects of irregular factors and changes in investments for cash management purposes were ¥361.2 billion.

Financial Statements

January 29, 2008

[U.S. GAAP]

For the Nine Months Ended December 31, 2007


Name of registrant:		NTT DoCoMo, Inc. (URL http://www.nttdocomo.co.jp/)
Code No.:		9437
Stock exchange on which the Company’s shares are listed:		Tokyo Stock Exchange-First Section
Representative:		Masao Nakamura, Representative Director, President and Chief Executive Officer
Contact:		Tatsuya Iino, Senior Manager, General Affairs Department / TEL +81-3-5156-1111

1. Consolidated Financial Results for the Nine Months Ended December 31, 2007 (April 1, 2007—December 31, 2007)

(1)	Consolidated Results of Operations

Amounts are rounded off to the nearest 1 million yen.


	(Millions of yen, except per share amounts)
	Operating Revenues			Operating Income			Income before Income Taxes			Net Income
Nine months ended December 31, 2007	3,522,034	(2.1	)%	624,998	(7.7	)%	628,720	(7.6	)%	376,497	(6.7	)%
Nine months ended December 31, 2006	3,597,020	0.4	%	676,912	(2.4	)%	680,704	(16.1	)%	403,692	(21.8	)%

(Reference) Year ended March 31, 2007	4,788,093	—		773,524	—		772,943	—		457,278	—


	Basic Earnings per Share		Diluted Earnings per Share
Nine months ended December 31, 2007	8,714.79	(yen)	—
Nine months ended December 31, 2006	9,154.91	(yen)	—

(Reference) Year ended March 31, 2007	10,396.21	(yen)	—

Notes:

Percentage indications for operating revenues, operating income, income before income taxes, and net income were the rate of changes compared with the same period of the prior year.

(2)	Consolidated Financial Position


	(Millions of yen, except per share amounts)
	Total Assets	Shareholders’ Equity	Equity Ratio (Ratio of Shareholders’ Equity to Total Assets)		Shareholders’ Equity per Share
December 31, 2007	6,043,652	4,222,494	69.9	%	98,318.80	(yen)
December 31, 2006	6,053,063	4,128,324	68.2	%	94,515.76	(yen)

(Reference) March 31, 2007	6,116,215	4,161,303	68.0	%	95,456.65	(yen)

(3)	Consolidated Cash Flows


	(Millions of yen)
	Cash Flows from Operating Activities	Cash Flows from Investing Activities		Cash Flows from Financing Activities		Cash and Cash Equivalents at End of Period
Nine months ended December 31, 2007	1,027,393	(509,457	)	(414,151	)	446,631
Nine months ended December 31, 2006	582,048	(717,781	)	(462,076	)	243,330

(Reference) Year ended March 31, 2007	980,598	(947,651	)	(531,481	)	343,062

2. Dividends


	Cash dividends per share (yen)
Date of record	September 30	March 31	Total
Year ended March 31, 2007	2,000.00	2,000.00	4,000.00
Year ending March 31, 2008	2,400.00	—	—

(Forecasts) Year ending March 31, 2008	—	2,400.00	4,800.00

3. Consolidated Financial Results Forecasts for the Fiscal Year Ending March 31, 2008 (April 1, 2007 - March 31, 2008)


	(Millions of yen, except per share amount)
	Operating Revenues			Operating Income			Income before Income Taxes			Net Income			Expected earnings per share
Year ending March 31, 2008	4,667,000	(2.5	)%	780,000	0.8	%	785,000	1.6	%	476,000	4.1	%	11,083.44	(yen)

(Percentages above represent changes compared to the corresponding previous annual period.)

Notes:

We did not revise our consolidated financial results forecasts for the fiscal year ending March 31, 2008. (The amounts above are the same as we announced as of October 26, 2007 on “Financial Statements for the Six Months Ended September 30, 2007”.)

4. Others


(1)	Change of reporting entities (Change in significant consolidated subsidiaries)	None
(2)	Adoption of simplified accounting policies	None
(3)	Change of significant accounting policies for consolidated financial statements	None

* Explanation for forecasts of operation and other notes.

With regard to the assumptions and other related matters concerning consolidated financial results forecasts for the fiscal year ending March 31, 2008, please refer to page 19.

Consolidated financial statements in this earnings release are unaudited.

<< Consolidated Financial Statements >>

1.	Consolidated Balance Sheets


	Millions of yen
	(UNAUDITED) December 31, 2006			(UNAUDITED) December 31, 2007			Increase (Decrease)					March 31, 2007
ASSETS
Current assets:
Cash and cash equivalents	¥	243,330		¥	446,631		¥	203,301		83.5	%	¥	343,062
Short-term investments		152,110			52,741			(99,369	)	(65.3	)		150,543
Accounts receivable		890,572			866,474			(24,098	)	(2.7	)		872,323
Allowance for doubtful accounts		(13,147	)		(14,465	)		(1,318	)	(10.0	)		(13,178	)
Inventories		168,713			131,154			(37,559	)	(22.3	)		145,892
Deferred tax assets		82,227			88,178			5,951		7.2			94,868
Prepaid expenses and other current assets		161,898			132,417			(29,481	)	(18.2	)		138,403

Total current assets		1,685,703			1,703,130			17,427		1.0			1,731,913

Property, plant and equipment:
Wireless telecommunications equipment		5,050,226			5,292,303			242,077		4.8			5,149,132
Buildings and structures		766,361			792,739			26,378		3.4			778,638
Tools, furniture and fixtures		615,499			537,844			(77,655	)	(12.6	)		613,945
Land		198,660			199,644			984		0.5			199,007
Construction in progress		131,353			108,052			(23,301	)	(17.7	)		114,292
Accumulated depreciation and amortization		(3,878,783	)		(4,117,291	)		(238,508	)	(6.1	)		(3,954,361	)

Total property, plant and equipment, net		2,883,316			2,813,291			(70,025	)	(2.4	)		2,900,653

Non-current investments and other assets:
Investments in affiliates		187,046			182,478			(4,568	)	(2.4	)		176,376
Marketable securities and other investments		269,218			340,209			70,991		26.4			261,456
Intangible assets, net		547,917			542,257			(5,660	)	(1.0	)		551,029
Goodwill		141,083			147,381			6,298		4.5			147,821
Other assets		216,299			190,664			(25,635	)	(11.9	)		219,271
Deferred tax assets		122,481			124,242			1,761		1.4			127,696

Total non-current investments and other assets		1,484,044			1,527,231			43,187		2.9			1,483,649

Total assets	¥	6,053,063		¥	6,043,652		¥	(9,411	)	(0.2	)%	¥	6,116,215

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt	¥	149,600		¥	107,615		¥	(41,985	)	(28.1	)%	¥	131,005
Short-term borrowings		108			108			(0	)	(0.0	)		102
Accounts payable, trade		706,560			664,915			(41,645	)	(5.9	)		761,108
Accrued payroll		28,067			28,868			801		2.9			46,584
Accrued interest		1,378			1,507			129		9.4			809
Accrued income taxes		35,558			113,797			78,239		220.0			68,408
Other current liabilities		140,918			177,377			36,459		25.9			154,909

Total current liabilities		1,062,189			1,094,187			31,998		3.0			1,162,925

Long-term liabilities:
Long-term debt (exclusive of current portion)		504,289			398,482			(105,807	)	(21.0	)		471,858
Liability for employees’ retirement benefits		141,357			142,219			862		0.6			135,890
Other long-term liabilities		215,753			184,980			(30,773	)	(14.3	)		183,075

Total long-term liabilities		861,399			725,681			(135,718	)	(15.8	)		790,823

Total liabilities		1,923,588			1,819,868			(103,720	)	(5.4	)		1,953,748

Minority interests in consolidated subsidiaries		1,151			1,290			139		12.1			1,164

Shareholders’ equity:
Common stock		949,680			949,680			—		—			949,680
Additional paid-in capital		1,311,013			1,135,958			(175,055	)	(13.4	)		1,135,958
Retained earnings		2,439,569			2,679,109			239,540		9.8			2,493,155
Accumulated other comprehensive income		16,280			11,113			(5,167	)	(31.7	)		12,874
Treasury stock, at cost		(588,218	)		(553,366	)		34,852		5.9			(430,364	)

Total shareholders’ equity		4,128,324			4,222,494			94,170		2.3			4,161,303

Total liabilities and shareholders’ equity	¥	6,053,063		¥	6,043,652		¥	(9,411	)	(0.2	)%	¥	6,116,215

2.	Consolidated Statements of Income and Comprehensive Income


	Millions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2007			Increase (Decrease)					Year ended March 31, 2007
Operating revenues:
Wireless services	¥	3,248,760		¥	3,158,694		¥	(90,066	)	(2.8	)%	¥	4,314,140
Equipment sales		348,260			363,340			15,080		4.3			473,953
Total operating revenues		3,597,020			3,522,034			(74,986	)	(2.1	)		4,788,093

Operating expenses:
Cost of services (exclusive of items shown separately below)		545,157			586,032			40,875		7.5			766,960
Cost of equipment sold (exclusive of items shown separately below)		892,223			870,534			(21,689	)	(2.4	)		1,218,694
Depreciation and amortization		537,362			557,972			20,610		3.8			745,338
Selling, general and administrative		945,366			882,498			(62,868	)	(6.7	)		1,283,577
Total operating expenses		2,920,108			2,897,036			(23,072	)	(0.8	)		4,014,569

Operating income		676,912			624,998			(51,914	)	(7.7	)		773,524

Other income (expense):
Interest expense		(4,292	)		(4,614	)		(322	)	(7.5	)		(5,749	)
Interest income		1,036			1,691			655		63.2			1,459
Other, net		7,048			6,645			(403	)	(5.7	)		3,709
Total other income (expense)		3,792			3,722			(70	)	(1.8	)		(581	)

Income before income taxes		680,704			628,720			(51,984	)	(7.6	)		772,943

Income taxes		276,730			253,264			(23,466	)	(8.5	)		313,679
Equity in net income (losses) of affiliates		(247	)		1,165			1,412		—			(1,941	)
Minority interests in consolidated subsidiaries		(35	)		(124	)		(89	)	(254.3	)		(45	)

Net income	¥	403,692		¥	376,497		¥	(27,195	)	(6.7	)%	¥	457,278

Other comprehensive income (loss):
Unrealized holding gains (losses) on available-for-sale securities, net of applicable taxes		(10,675	)		314			10,989		—			(15,763	)
Net revaluation of financial instruments, net of applicable taxes		18			(7	)		(25	)	—			34
Foreign currency translation adjustment, net of applicable taxes		104			(1,522	)		(1,626	)	—			1,103
Pension liability adjustment, net of applicable taxes		—			(546	)		(546	)	—			—
Minimum pension liability adjustment, net of applicable taxes		52			—			(52	)	(100.0	)		5,562

Comprehensive income	¥	393,191		¥	374,736		¥	(18,455	)	(4.7	)%	¥	448,214


PER SHARE DATA
Weighted average common shares outstanding – basic and diluted (shares)		44,095,706			43,202,063			(893,643	)	(2.0	)		43,985,082

Basic and diluted earnings per share (Yen)	¥	9,154.91		¥	8,714.79		¥	(440.12	)	(4.8	)%	¥	10,396.21

3.	Consolidated Statements of Shareholders’ Equity


	Millions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2007			Increase (Decrease)					Year ended March 31, 2007
Common stock:
At beginning of period	¥	949,680		¥	949,680		¥	—		—	%	¥	949,680

At end of period		949,680			949,680			—		—			949,680

Additional paid-in capital:
At beginning of period		1,311,013			1,135,958			(175,055	)	(13.4	)		1,311,013
Retirement of treasury stock		—			—			—		—			(175,055	)

At end of period		1,311,013			1,135,958			(175,055	)	(13.4	)		1,135,958

Retained earnings:
At beginning of period		2,212,739			2,493,155			280,416		12.7			2,212,739
Cash dividends		(176,862	)		(190,543	)		(13,681	)	(7.7	)		(176,862	)
Net income		403,692			376,497			(27,195	)	(6.7	)		457,278

At end of period		2,439,569			2,679,109			239,540		9.8			2,493,155

Accumulated other comprehensive income:
At beginning of period		26,781			12,874			(13,907	)	(51.9	)		26,781
Unrealized holding gains (losses) on available-for-sale securities		(10,675	)		314			10,989		—			(15,763	)
Net revaluation of financial instruments		18			(7	)		(25	)	—			34
Foreign currency translation adjustment		104			(1,522	)		(1,626	)	—			1,103
Pension liability adjustment		—			(546	)		(546	)	—			—
Minimum pension liability adjustment		52			—			(52	)	(100.0	)		5,562
Adjustment to initially apply SFAS No.158		—			—			—		—			(4,843	)

At end of period		16,280			11,113			(5,167	)	(31.7	)		12,874

Treasury stock, at cost:
At beginning of period		(448,196	)		(430,364	)		17,832		4.0			(448,196	)
Purchase of treasury stock		(140,022	)		(123,002	)		17,020		12.2			(157,223	)
Retirement of treasury stock		—			—			—		—			175,055

At end of period		(588,218	)		(553,366	)		34,852		5.9			(430,364	)

Total shareholders’ equity	¥	4,128,324		¥	4,222,494		¥	94,170		2.3	%	¥	4,161,303

4.	Consolidated Statements of Cash Flows


	Millions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2007			Year ended March 31, 2007
I Cash flows from operating activities:
1. Net income	¥	403,692		¥	376,497		¥	457,278
2. Adjustments to reconcile net income to net cash provided by operating activities-
(1) Depreciation and amortization		537,362			557,972			745,338
(2) Deferred taxes		89,443			8,168			74,987
(3) Loss on sale or disposal of property, plant and equipment		28,605			23,949			55,708
(4) Equity in net (income) losses of affiliates		(13	)		(1,884	)		2,791
(5) Minority interests in consolidated subsidiaries		35			124			45
(6) Changes in assets and liabilities:
(Increase) decrease in accounts receivable		(280,735	)		5,849			(262,032	)
(Decrease) increase in allowance for doubtful accounts		(1,593	)		1,287			(1,600	)
Decrease in inventories		60,810			14,738			83,716
(Increase) decrease in prepaid expenses and other current assets		(63,047	)		10,108			(39,254	)
(Decrease) in accounts payable, trade		(60,216	)		(29,987	)		(42,013	)
(Decrease) increase in accrued income taxes		(133,029	)		45,389			(100,197	)
(Decrease) increase in other current liabilities		(13,528	)		22,478			534
Increase in liability for employees’ retirement benefits		5,846			6,329			379
Increase (decrease) in other long-term liabilities		8,345			2,983			(26,241	)
Other, net		71			(16,607	)		31,159

Net cash provided by operating activities		582,048			1,027,393			980,598

II Cash flows from investing activities:
1. Purchases of property, plant and equipment		(570,680	)		(389,900	)		(735,650	)
2. Purchases of intangible and other assets		(163,408	)		(170,859	)		(213,075	)
3. Purchases of non-current investments		(24,418	)		(93,822	)		(41,876	)
4. Proceeds from sale and redemption of non-current investments		50,051			100,827			50,594
5. Purchases of short-term investments		(3,158	)		(5,490	)		(3,557	)
6. Redemption of short-term investments		2,533			3,238			4,267
7. Proceed from redemption of long-term bailment for consumption to a related party		—			50,000			—
8. Other, net		(8,701	)		(3,451	)		(8,354	)

Net cash used in investing activities		(717,781	)		(509,457	)		(947,651	)

III Cash flows from financing activities:
1. Repayment of long-term debt		(142,323	)		(98,200	)		(193,723	)
2. Proceeds from short-term borrowings		17,288			4,739			18,400
3. Repayment of short-term borrowings		(17,332	)		(4,733	)		(18,450	)
4. Principal payments under capital lease obligations		(2,823	)		(2,410	)		(3,621	)
5. Payments to acquire treasury stock		(140,022	)		(123,002	)		(157,223	)
6. Dividends paid		(176,862	)		(190,543	)		(176,862	)
7. Other, net		(2	)		(2	)		(2	)

Net cash used in financing activities		(462,076	)		(414,151	)		(531,481	)

IV Effect of exchange rate changes on cash and cash equivalents		415			(216	)		872

V Net increase (decrease) in cash and cash equivalents		(597,394	)		103,569			(497,662	)
VI Cash and cash equivalents at beginning of period		840,724			343,062			840,724

VII Cash and cash equivalents at end of period	¥	243,330		¥	446,631		¥	343,062


Supplemental disclosures of cash flow information:
Cash received during the period for:
Income taxes	¥	920		¥	20,346		¥	925
Cash paid during the period for:
Interest		4,177			3,916			6,203
Income taxes		359,458			199,864			359,861
Non-cash investing and financing activities:
Retirement of treasury stock		—			—			175,055

Notes to Unaudited Consolidated Financial Statements

The accompanying unaudited consolidated financial statements of NTT DoCoMo, Inc. and its subsidiaries (collectively “DoCoMo”) have been prepared in accordance with accounting principles generally accepted in the United States of America.

1.	Adoption of a new accounting standard

Accounting for Uncertainty in Income Taxes

Effective April 1, 2007, DoCoMo applied the Financial Accounting Standards Board Interpretation No. 48 “Accounting for Uncertainty in Income Taxes – an interpretation of Statement of Financial Accounting Standards (“SFAS”) No. 109” (“FIN 48”). FIN 48 clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements in accordance with SFAS No. 109. FIN 48 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return as well as provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The application of FIN 48 did not have a material impact on DoCoMo’s results of operations and financial position.

2.	Other footnotes to unaudited financial statements

Disbursement of substitutional portion of the National Welfare Pension Plan

Under the Defined-Benefit Corporate Pension Law, NTT Kosei-Nenkin-Kikin, a contributory defined benefit welfare pension plan sponsored by the NTT group (“NTT Plan”), was granted approvals by the Japanese government which permitted the NTT Plan to be released from the future obligation and past obligation to disburse the NTT Plan benefits covering the substitutional portion of the National Welfare Pension Plan. The approvals for future and past obligations were granted in September 2003 and July 2007, respectively. As a result, the NTT Plan converted to the NTT Kigyou-Nenkin-Kikin, a defined-benefit corporate pension plan, from July 1, 2007.

Although the NTT Plan was granted approvals by the Japanese government no accounting should be recognized until the completion of the entire transfer. It is undetermined when the transfer of the benefit obligations and related plan assets will take place and what the accurate net effect of settlement on DoCoMo’s result of operations and financial position will be. If the amount equivalent to the substitutional portion had been repaid on March 31, 2007, the estimated amount of such effect on DoCoMo’s results of operations would have been approximately ¥25.0 billion.

3.	Subsequent event

Additional acquisition of shares in Philippine Long Distance Telephone Company

DoCoMo acquired approximately 7% of outstanding common stock of Philippine Long Distance Telephone Company (PLDT), a telecommunication operator in the Philippines, from NTT Communications Corporation (“NTT Com”) in March 2006. Additional acquisition of approximately 7% of PLDT common stock for approximately ¥86.7 billion by DoCoMo since March 2007 resulted in a total of approximately 20% equity held by DoCoMo and NTT Com as of January 22, 2008. DoCoMo will reclassify PLDT as an affiliate and account for the investment by retroactively applying the equity method from January 22, 2008.

(APPENDIX 1)

Operation Data for First Nine Months of Fiscal Year Ending March 31, 2008


		Full year forecast: as revised at Oct.26, 2007
		[Ref.] Fiscal Year Ended Mar. 31, 2007 Full-year Results		Fiscal Year Ending Mar. 31, 2008 First Nine Months (Apr.-Dec. 2007) Results		First Quarter (Apr.-Jun. 2007) Results		Second Quarter (Jul.-Sep. 2007) Results		Third Quarter (Oct.-Dec. 2007) Results		[Ref.] Fiscal Year Ending Mar. 31, 2008 Full-year Forecast
*Cellular*
Subscriptions	thousands	52,621		53,151		52,846		52,942		53,151		53,480
FOMA	thousands	35,529		42,078		37,854		40,043		42,078		43,980
mova	thousands	17,092		11,073		14,991		12,899		11,073		9,490
Market share ^(1) (2)	%	54.4		52.9		53.9		53.3		52.9		—
Net increase from previous period ⁽²⁾	thousands	1,477		529		225		96		209		850
FOMA ⁽²⁾	thousands	12,066		6,548		2,325		2,188		2,035		8,450
mova ⁽²⁾	thousands	(10,589	)	(6,019	)	(2,100	)	(2,092	)	(1,826	)	(7,600	)
Aggregate ARPU (FOMA+mova) ⁽³⁾	yen/month/contract	6,700		6,470		6,560		6,550		6,290		6,430
Voice ARPU ⁽⁴⁾	yen/month/contract	4,690		4,290		4,440		4,340		4,090		4,210
Packet ARPU	yen/month/contract	2,010		2,180		2,120		2,210		2,200		2,220
i-mode ARPU	yen/month/contract	1,990		2,150		2,090		2,180		2,170		2,190
ARPU generated from international services ⁽⁵⁾	yen/month/contract	50		70		60		70		70		70
ARPU generated purely from i-mode (FOMA+mova) ⁽³⁾	yen/month/contract	2,160		2,330		2,270		2,360		2,350		2,370
Aggregate ARPU (FOMA) ⁽³⁾	yen/month/contract	7,860		7,160		7,370		7,270		6,870		7,070
Voice ARPU ⁽⁴⁾	yen/month/contract	5,070		4,510		4,710		4,570		4,260		4,400
Packet ARPU	yen/month/contract	2,790		2,650		2,660		2,700		2,610		2,670
i-mode ARPU	yen/month/contract	2,750		2,620		2,630		2,660		2,580		2,630
ARPU generated from international services ⁽⁵⁾	yen/month/contract	80		90		80		90		90		90
ARPU generated purely from i-mode (FOMA) ⁽³⁾	yen/month/contract	2,830		2,730		2,730		2,770		2,690		2,740
Aggregate ARPU (mova ) ⁽³⁾	yen/month/contract	5,180		4,440		4,600		4,440		4,200		4,360
Voice ARPU ⁽⁴⁾	yen/month/contract	4,190		3,670		3,800		3,660		3,490		3,600
i-mode ARPU	yen/month/contract	990		770		800		780		710		760
ARPU generated from international services ⁽⁵⁾	yen/month/contract	20		10		10		10		10		20
ARPU generated purely from i-mode (mova) ⁽³⁾	yen/month/contract	1,160		950		970		960		890		940
MOU (FOMA+mova) ⁽³⁾	minute/month/contract	144		140		140		140		139		—
MOU (FOMA) ⁽³⁾	minute/month/contract	175		159		161		159		156		—
MOU (mova) ⁽³⁾	minute/month/contract	104		85		89		84		80		—
Churn Rate ⁽²⁾	%	0.78		0.85		0.85		0.94		0.74		—
2in1 Subscriptions ⁽⁶⁾	thousands	—		211		67		152		211		—
Communication Module Service Subscriptions ⁽⁷⁾	thousands	1,027		1,360		1,140		1,247		1,360		1,390
FOMA Ubiquitous plan ⁽⁸⁾	thousands	277		618		392		509		618		—
DoPa Single Service ⁽⁹⁾	thousands	750		742		748		738		742		—
Prepaid Subscriptions ⁽⁹⁾	thousands	45		41		43		42		41		—
*i-mode*
Subscriptions	thousands	47,574		47,831		47,725		47,759		47,831		48,170
FOMA	thousands	34,052		39,654		36,089		37,972		39,654		—
i-appli compatible ⁽¹⁰⁾	thousands	38,800		39,856		39,206		39,523		39,856		—
i-mode Subscription Rate ⁽²⁾	%	90.4		90.0		90.3		90.2		90.0		90.1
Net increase from previous period	thousands	1,214		257		151		34		72		590
i-mode Flat-rate Packet Communication Plan Subscriptions ⁽¹¹⁾	thousands	9,563		11,945		10,455		11,267		11,945		—
i-channel Subscriptions	thousands	10,580		14,953		12,272		13,874		14,953		—
Percentage of Packets Transmitted
Web	%	98		98		98		98		98		—
Mail	%	2		2		2		2		2		—
*Others*
PHS Subscriptions	thousands	453		155		374		310		155		—
DCMX Subscriptions ⁽¹²⁾	thousands	2,090		4,660		2,850		3,750		4,660		5,170

*	Please refer to the attached sheet (P.17) for the definition of ARPU and MOU, and an explanation of the methods used to calculate ARPU and the number of active subscriptions used in calculating ARPU, MOU and Churn Rate.

(1)	Source for other cellular telecommunications operators: Data announced by Telecommunications Carriers Association

(2)	Data is calculated including Communication Module Services subscriptions.

(3)	Data is calculated excluding Communication Module Services-related revenues and Communication Module Services subscriptions.

(4)	Inclusive of circuit-switched data communications

(5)	Inclusive of Voice Communications and Packet Communications

(6)	Not included in Cellular subscriptions nor FOMA subscriptions

(7)	Included in total cellular subscriptions

(8)	Included in FOMA subscriptions

(9)	Included in mova subscriptions

(10)	Sum of FOMA handsets and mova handsets

(11)	Sum of “pake-hodai” subscriptions and “pake-hodai full” subscriptions

(12)	Inclusive of DCMX mini subscriptions

(APPENDIX 2)

Definition and Calculation Methods of ARPU and MOU

1. Definition of ARPU and MOU

ARPU (Average monthly Revenue Per Unit)¹:

Average monthly revenue per unit, or ARPU, is used to measure average monthly operating revenues attributable to designated services on a per subscription basis. ARPU is calculated by dividing various revenue items included in operating revenues from our wireless services, such as monthly charges, voice communication charges and packet communication charges, from designated services which are incurred consistently each month, by the number of active subscriptions to the relevant services. Accordingly, the calculation of ARPU excludes revenues that are not representative of monthly average usage such as activation fees. We believe that our ARPU figures provide useful information to analyze the average usage per subscription and the impacts of changes in our billing arrangements. The revenue items included in the numerators of our ARPU figures are based on our U.S. GAAP results of operations. This definition applies to all ARPU figures hereinafter.

ii)

MOU (Minutes of Usage): Average monthly communication time per subscription.

2. ARPU Calculation Methods

ARPU (FOMA + mova)

Aggregate ARPU (FOMA+mova) = Voice ARPU (FOMA+mova) + Packet ARPU (FOMA+mova)

Voice ARPU (FOMA+mova): Voice ARPU (FOMA+mova) Related Revenues (monthly charges, voice communication charges) / No. of active cellular phone subscriptions (FOMA+mova)

Packet ARPU (FOMA+mova): {Packet ARPU (FOMA) Related Revenues (monthly charges, packet communication charges)+ i-mode ARPU (mova) Related Revenues (monthly charges, packet communication charges)}/ No. of active cellular phone subscriptions (FOMA+mova)

i-mode ARPU (FOMA+mova) ²: i-mode ARPU (FOMA+mova) Related Revenues (monthly charges, packet communication charges) / No. of active cellular phone subscriptions (FOMA+mova)

ARPU generated purely from i-mode (FOMA+mova) ³ : i-mode ARPU (FOMA+mova) Related Revenues (monthly charges, packet communication charges) / No. of active i-mode subscriptions (FOMA+mova)

ii)

ARPU (FOMA)

Aggregate ARPU (FOMA) = Voice ARPU (FOMA) + Packet ARPU (FOMA)

Voice ARPU (FOMA): Voice ARPU (FOMA) Related Revenues (monthly charges, voice communication charges) / No. of active cellular phone subscriptions (FOMA)

Packet ARPU (FOMA): Packet ARPU (FOMA) Related Revenues (monthly charges, packet communication charges) / No. of active cellular phone subscriptions (FOMA)

i-mode ARPU² (FOMA): i-mode ARPU (FOMA) Related Revenues (monthly charges, packet communication charges) / No. of active cellular phone subscriptions (FOMA)

ARPU generated purely from i-mode (FOMA) ³ : i-mode ARPU (FOMA) Related Revenues (monthly charges, packet communication charges) / No. of active i-mode subscriptions (FOMA)

iii)

ARPU (mova)

Aggregate ARPU (mova) = Voice ARPU (mova) + i-mode ARPU (mova)

Voice ARPU (mova): Voice ARPU (mova) Related Revenues (monthly charges, voice communication charges) / No. of active cellular phone subscriptions (mova)

i-mode ARPU (mova) ² : i-mode ARPU (mova) Related Revenues (monthly charges, packet communication charges) / No. of active cellular phone subscriptions (mova)

ARPU generated purely from i-mode (mova) ³ : i-mode ARPU (mova) Related Revenues (monthly charges, packet communication charges) / No. of active i-mode subscriptions (mova)

iv)

ARPU (PHS)

ARPU (PHS): ARPU (PHS) Related Revenues (monthly charges, voice communication charges) / No. of active PHS subscriptions

3. Active Subscriptions Calculation Methods

No. of active subscriptions used in ARPU/MOU/Churn Rate calculations is as follows:

No. of active subscriptions for each month:

(No. of subscriptions at the end of previous month + No. of subscriptions at the end of current month) / 2

No. of active subscriptions for full-year results/forecasts:

Sum of No. of active subscriptions for each month from April to March

Communication Module service subscriptions and the revenues thereof are not included in the ARPU and MOU calculations.

The denominator used in calculating i-mode ARPU (FOMA+mova, FOMA, mova) is the aggregate number of cellular subscriptions to each service (FOMA+mova, FOMA, mova, respectively), regardless of whether i-mode service is activated or not.

ARPU generated purely from i-mode (FOMA+mova, FOMA, mova) is calculated using only the number of active i-mode subscriptions as a denominator.

(APPENDIX 3)

Reconciliations of the Disclosed Non-GAAP Financial Measures to

the Most Directly Comparable GAAP Financial Measures

1. EBITDA and EBITDA margin


	Billions of yen
	Nine months ended December 31, 2006			Nine months ended December 31, 2007
a. EBITDA	¥	1,242.9		¥	1,206.9

Depreciation and amortization		(537.4	)		(558.0	)
Losses on sale or disposal of property, plant and equipment		(28.6	)		(23.9	)

Operating income		676.9			625.0

Other income (expense)		3.8			3.7
Income taxes		(276.7	)		(253.3	)
Equity in net income (losses) of affiliates		(0.2	)		1.2
Minority interests in consolidated subsidiaries		(0.0	)		(0.1	)

b. Net income		403.7			376.5

c. Total operating revenues		3,597.0			3,522.0

EBITDA margin (=a/c)		34.6	%		34.3	%
Net income margin (=b/c)		11.2	%		10.7	%

Note:

EBITDA and EBITDA margin, as we use them, are different from EBITDA as used in Item 10(e) of regulation S-K and may not be comparable to similarly titled measures used by other companies.

2. Free cash flows excluding irregular factors and changes in investments for cash management purposes


	Billions of yen
	Nine months ended December 31, 2006			Nine months ended December 31, 2007
Free cash flows excluding irregular factors and changes in investments for cash management purposes	¥	31.9		¥	361.2

Irregular factors (1)		(217.0	)		9.0
Changes of investments for cash management purposes (2)		49.4			147.7

Free cash flows		(135.7	)		517.9

Net cash used in investing activities		(717.8	)		(509.5	)
Net cash provided by operating activities		582.0			1,027.4


Note:	(1)	Irregular factors represent the effects of uncollected revenues due to a bank closure at the end of the fiscal period. Irregular factors during the nine months ended December 31, 2007 were the net effect of bank closures as of March 31, 2007 and December 31, 2007.
	(2)	Changes in investments for cash management purposes were derived from purchases, redemption at maturity and sales of financial instruments held for cash management purposes with original maturities of longer than three months.

Special Note Regarding Forward-Looking Statements

This Earnings Release contains forward-looking statements such as forecasts of results of operations, management strategies, objectives and plans, forecasts of operational data such as expected number of subscribers, and expected dividend payments. All forward-looking statements that are not historical facts are based on management’s current plans, expectations, assumptions and estimates based on the information currently available. Some of the projected numbers in this report were derived using certain assumptions that are indispensable for making such projections in addition to historical facts. These forward-looking statements are subject to various known and unknown risks, uncertainties and other factors that could cause our actual results to differ materially from those contained in or suggested by any forward-looking statement. Potential risks and uncertainties include, without limitation, the following:

As competition in the market becomes more fierce due to changes in the business environment caused by the Mobile Number Portability, new market entrants, competition from other cellular service providers or other technologies, and other factors, could limit our acquisition of new subscribers, retention of existing subscribers and ARPU, or may lead to an increase in our costs and expenses.

The new services and usage patterns introduced by our corporate group may not develop as planned, which could limit our growth.

The introduction or change of various laws or regulations or the application of such laws and regulations to our corporate group could restrict our business operations, which may adversely affect our financial condition and results of operations.

Limitations in the amount of frequency spectrum or facilities made available to us could negatively affect our ability to maintain and improve our service quality and level of customer satisfaction.

The W-CDMA technology that we use for our 3G system and/or mobile multimedia services may not be introduced by other overseas operators, which could limit our ability to offer international services to our subscribers.

Our domestic and international investments, alliances and collaborations may not produce the returns or provide the opportunities we expect.

As electronic payment capability and many other new features are built into our cellular phones, and services of parties other than those belonging to our corporate group are provided through our cellular handsets, potential problems resulting from malfunctions, defects or loss of handsets, or imperfection of services provided by such other parties may arise, which could have an adverse effect on our financial condition and results of operations.

Social problems that could be caused by misuse or misunderstanding of our products and services may adversely affect our credibility or corporate image.

Inadequate handling of confidential business information including personal information by our corporate group, contractors and other factors, may adversely affect our credibility or corporate image.

10.

Owners of intellectual property rights that are essential for our business execution may not grant us the right to license or otherwise use such intellectual property rights on acceptable terms or at all, which may limit our ability to offer certain technologies, products and/or services, and we may also be held liable for damage compensation if we infringe the intellectual property rights of others.

11.

Earthquakes, power shortages, malfunctioning of equipment, software bugs, computer viruses, cyber attacks, hacking, unauthorized access and other problems could cause systems failures in the networks required for the provision of service, disrupting our ability to offer services to our subscribers and may adversely affect our credibility or corporate image.

12.

Concerns about wireless telecommunications health risks may adversely affect our financial condition and results of operations.

13.

Our parent company, Nippon Telegraph and Telephone Corporation (NTT), could exercise influence that may not be in the interests of our other shareholders.

Names of companies or products presented in this document are the trademarks or registered trademarks of their respective organizations.

NTT DoCoMo, Inc.

RESULTS FOR THE NINE

MONTHS

OF THE FISCAL YEAR ENDING MAR. 31, 2008

January

29, 2008

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

Forward-Looking Statements

This presentation contains forward-looking statements such as forecasts of results of operations, management strategies, objectives and

plans, forecasts of operational data such as expected number of subscribers, and expected dividend payments. All forward-looking statements

that are not historical facts are based on management’s current plans, expectations, assumptions and estimates based on the information

currently available. Some of the projected numbers in this report were derived using certain assumptions that are indispensable for making

such projections in addition to historical facts. These forward-looking statements are subject to various known and unknown risks,

uncertainties and

other

factors

that

could

cause

our

actual

results

differ

materially

from

those

contained

suggested

any

forward-looking statement. Potential risks and uncertainties include, without limitation, the following:

1. As competition in the market becomes more fierce due to changes in the business environment caused by Mobile Number Portability,

new market

entrants,

competition

from

other

cellular

service

providers

other

technologies,

and

other

factors,

could

limit

our

acquisition of new subscribers, retention of existing subscribers and ARPU, or may lead to an increase in our costs and expenses.

2. The new services and usage patterns introduced by our corporate group may not develop as planned, which could limit our growth.

3. The introduction or change of various laws or regulations or the application of such laws and regulations to our corporate group could

restrict

our

business

operations,

which

may

adversely

affect

our

financial

condition

and

results

operations.

4. Limitations

the

amount

frequency

spectrum

facilities

made

available

could

negatively

affect

our

ability

maintain

and

improve

our service quality and level of customer satisfaction.

5. The W-CDMA technology that we use for our 3G system and/or mobile multimedia services may not be introduced by other overseas

operators, which could limit our ability to offer international services to our subscribers.

6. Our domestic and international investments, alliances and collaborations may not produce the returns or provide the opportunities we expect.

7. As electronic payment capability and many other new features are built into our cellular phones, and services of parties other than those

belonging to our corporate group are provided through our cellular handsets, potential problems resulting from malfunctions,

defects or loss

of handsets,

imperfection

services

provided

such

other

parties

may

arise,

which

could

have

adverse

effect

our

financial

condition and results of operations.

8. Social problems that could be caused by misuse or misunderstanding of our products and services may adversely affect our credibility or

corporate image.

9. Inadequate handling of confidential business information, including personal information by our corporate group, contractors and other

factors, may adversely affect our credibility or corporate image.

10. Owners of intellectual property rights that are essential for our business execution may not grant us the right to license or otherwise use

such intellectual property rights on acceptable terms or at all, which may limit our ability to offer certain technologies, products and/or

services, and we may also be held liable for damage compensation if we infringe the intellectual property rights of others.

11. Earthquakes, power shortages, malfunctioning of equipment, software bugs, computer viruses, cyber attacks, hacking, unauthorized

access and other problems could cause systems failures in the networks required for the provision of services, disrupting our ability to offer

services to our subscribers and may adversely affect our credibility or corporate image.

12. Concerns about wireless telecommunications health risks may adversely affect our financial condition and results of operations.

13. Our parent company, Nippon Telegraph and Telephone Corporation (NTT), could exercise influence that may not be in the interests of

our other shareholders.

FY2007

Third Quarter

Results Highlights

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

FY2007/1-3Q Financial Results

US GAAP

34.2

-0.3

points

34.3

34.6

EBITDA

Margin

(%)

78.5%

460.0

+1,032.3%

361.2

31.9

Adjusted Free Cash Flow

(Billions of yen) **

75.4%

4,060.0

-3.1%

3,060.5

3,157.6

Cellular Services Revenues

(Billions of yen)

Progress to

forecast (2)/(3)

2008/3 E

(full-year)

(3)

(As announced on Oct. 26, 2007)

Changes

(1)

(2)

2007/4-12

(1Q~3Q)

(2)

2006/4-12

(1Q~3Q)

(1)

1,595.0

476.0

785.0

780.0

4,667.0

80.1%

-7.6%

628.7

680.7

Income Before Income Taxes

(Billions of yen)

80.1%

-7.7%

625.0

676.9

Operating Income

(Billions of yen)

75.5%

-2.1%

3,522.0

3,597.0

Operating Revenues

(Billions of yen)

75.7%

-2.9%

1,206.9

1,242.9

EBITDA

(Billions of yen)*

79.1%

-6.7%

376.5

403.7

Net Income

(Billions of yen)

Consolidated

financial statements in this document are unaudited.

* For an explanation of the calculation processes for these numbers, please see the reconciliations to the most directly comparable financial measures

calculated and presented in accordance with GAAP on Slide 29 and the IR page of our website, www.nttdocomo.co.jp.

**Adjusted free cash flow excludes the effects of uncollected revenues due to bank holidays at the end of the fiscal year and changes in investment for

cash management purposes with original maturities of longer than three months.

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

Financial Results Highlights for the First 9 Months of FY2007

Operating income:

¥625 billion (Down ¥51.9 billion year-on-year)

Progress of FY2007 full-year forecast: 80.1%

Operating revenues: Down ¥75 billion year-on-year

Cellular services revenues: Down ¥97.1 billion

(Inclusive of ¥26.7 billion impact of accounting change in FY2006

to initially recognize as revenues the portion of “Nikagetsu

Kurikoshi”

(two-month carry-over) allowances that are projected to expire)

Operating expenses: Down ¥23.1 billion year-on-year

Non-personnel expenses dropped ¥44.8 billion year-on-year due to

reduction of

distributor

commissions

including

the

impact

the

new

handset purchase

methods,

and

decline

cost

equipment

sold,

etc.

Depreciation/amortization increased ¥20.6 billion

year-on-year due

impact

changes

maximum

depreciatable

amount,

etc.

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

ARPU for FY2007/3Q was 6,290 yen (Down 5.7% year-on-year)

Packet ARPU was 2,200 yen (Up 9.5%)

6,940

7,050

6,920

6,530

6,900

6,720

6,670

6,720

6,560

6,550

6,290

Cellular (FOMA+mova) ARPU

International

service-related

revenues,

which

had

not

been

included

reports,

have

been

included

the

ARPU

data

calculations

the

fiscal

year

ended

Mar.

31,

2006,

view

their

growing

contribution

total

revenues.

For

explanation

ARPU,

please

see

Slide

this

document,

“Definition

and

Calculation

Methods

MOU

and

ARPU”.

(%)

(yen)

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

-20.0

-15.0

-10.0

-5.0

0.0

5.0

10.0

15.0

20.0

Packet ARPU (Left axis)

1,820

1,880

1,940

1,970

1,980

2,010

2,080

2,120

2,210

2,200

(Incl.) i-mode ARPU

1,810

1,870

1,860

1,920

1,950

1,960

1,990

2,060

2,090

2,180

2,170

Voice ARPU (Left Axis)

5,120

5,170

5,040

4,780

4,930

4,740

4,660

4,450

4,440

4,340

4,090

(Incl.) International service ARPU

Year-on-year changes in aggregate ARPU (Right axis)

-6.2

-4.0

-3.5

-2.9

-0.6

-4.7

-3.6

-2.8

-4.9

-2.5

-5.7

05/4-6(1Q)

7-9(2Q)

10-12(3Q)

06/1-3(4Q)

4-6(1Q)

7-9(2Q)

10-12(3Q)

07/1-3(4Q)

4-6(1Q)

7-9(2Q)

10-12(3Q)

Full-year

aggregate

ARPU:

¥6,910

(Down 4.0% year-on-year)

Full-year

aggregate

ARPU:

¥6,700

(Down 3.0% year-on-year)

* The ARPU data for FY2006/1Q and FY2006 full-year include the impact of

incurring revenues for the portion of “Nikagetsu

Kurikoshi

(two-month carry-over)”

allowances that are projected to expire, which are estimated

as follows:

FY2006/1Q (actual): 200 yen

FY2006/full-year (actual): 50 yen

YoY

changes

aggregate

ARPU

(excluding

the

impact

incurring

revenues

for

the

portion

“Nikagetsu

Kurikoshi

(two

month

carryover)”

allowances

that

are

projected

expire)

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

05/12

06/3

06/6

06/9

06/12

07/3

07/6

07/9

07/12

08/3(Forecast)

mova

53.48

43.98

(82.2%)

42.08

(79.2%)

53.15

FOMA subscribers reached 42.08 million as of Dec. 31, 2007

(79.2% of DoCoMo’s

total cellular subscribers)

52.62

35.53

(67.5%)

51.14

23.46

(45.9%)

Subscriber Migration to FOMA

(Million

subs.)

Inclusive of Communication Module Service subscribers

Numbers

parentheses

indicate

the

percentage

FOMA

subscribers

total

cellular

subscribers

FOMA subs.

projected

to reach

80% of total

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

0.00

0.50

1.00

1.50

2.00

05/4-6(1Q)

7-9(2Q)

10-12(3Q)

06/1-3(4Q)

06/4-6(1Q)

7-9(2Q)

10-12(3Q)

07/1-3(4Q)

07/4-6(1Q)

7-9(2Q)

10-12(3Q)

0.93%

FY07/1-3Q cumulative

churn rate: 0.85%

Churn rate for FY2007/3Q was 0.74%

0.74%

Churn Rate

FY05 full-year churn rate: 0.77%

FY06 full-year churn rate: 0.78%

Inclusive of Communication Module Service subscribers

FY2005

FY2006

FY2007

(%)

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

-20

100

05/4-6(1Q)

7-9(2Q)

10-12(3Q)

06/1-3(4Q)

06/4-6(1Q)

7-9(2Q)

10-12(3Q)

07/1-3(4Q)

07/4-6(1Q)

7-9(2Q)

10-12(3Q)

DoCoMo’s

market share of net additions in FY2007/3Q was 18.9%

SoftBank

KDDI(au+TU-KA)

FY07 1-3Q cumulative

net adds share: 14.7%

Market Share of Net Additions

FY05 full-year net adds share: 48.4%

FY06 full-year net adds share: 30.0%

FY2005

FY2006

FY2007

Source

data

used

calculation:

Telecommunications

Carriers

Association

(TCA)

Subscribers of EMOBILE, Ltd. are not included

(%)

Planned Actions

for FY2007

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

New Discount Services

Combined

subscriber

count

“Fami-wari

MAX

50”,

“Hitoridemo

Discount

50”

and

“Office-wari

MAX

50”

billing

plans:

As of Dec. 31, 2007: Approx. 17.6 million

Approx.

17.6 million

(33%*)

Plan to offer greater benefits to long-term users by revamping

“DoCoMo

Premier Club”

point program (from April 2008)

(As announced 2007/10/26)

Increase time-binding

contracts

Contribute to future

reduction of churns

Percentage

combined

“Fami-wari

MAX

50”,

“Hitoridemo

Discount

50”

and

“Office-wari

MAX

50”

subscribers to total cellular subscribers

Dec. 31, 2007

(Launched Aug. 22, 2007)

(Launched Sept. 22, 2007)

million

(36%*)

Mar. 31, 2008 (Forecast)

Uptake of new discount services has grown steadily

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

New Handset Sales Schemes -1-

94%

76%

24%

“Value Course”

“Basic Course”

Installment

payment

One-time

lump-sum

payment

Breakdown of Handsets Sold

Payment method (“Value Course”)

76% of users who purchased

a handset using “Value Course”

chose to pay in installments

Acceptance of new sales schemes

(Nov. 26-Dec. 31, 2007)

94% of users chose

“Value Course”

No. of “Value Plan”

subs as of Jan. 15, 2008:

Over 2 million

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

New Handset Sales Schemes

-2-

Plan to release a total of 23 new models of 905i/705i handsets in 75 different

colors during FY2007/2H

2007

Nov

2008

Dec

Jan

Feb

Mar

Xmas sales

Spring sales

905i Series

“ALL-IN global phone”

705i Series

“Smart, Slim, Surprise!”

10 models

in 36 colors

13 models

in 39 colors

Apply new

handset sales

schemes

HSDPA, GSM roaming, one-segment TV ,

etc. included as standard features

Unique 905i

models

w/ distinctive features

Winter 2.0 campaign!

START !

DoCoMo

campaign

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

06/12

07/3

07/6

07/9

07/12

08/3(Forecast)

11.95

06/12

07/3

07/6

07/9

07/12

08/3(Forecast)

14.95

Derived from FY07/1-3Q cumulative data & estimates

Jan. 3, 2008

Topped 15 million

No.

“pake-hodai”

subscribers* :

Billing

plan

No.

“i-channel”

subscribers:

Contents

Flat-Rate Business -1-

(Million

subscribers)

(Million subscribers)

Richer contents

Pake-

hodai

Service

Grow users

**:

pake-hodai

subscription

rate=

No.

pake-hodai

subscribers/Total

FOMA

subscribers

Inclusive

“pake-hodai

full”

subscribers

***:

i-channel

subscription

rate=

No.

i-channel

subscribers/Total

users

compatible

handsets

****: Sum of monthly subscription fee (¥150) and usage-based communication charges

(As of Dec.31,2007)

“pake-hodai”

subscription rate **

29%

(As of Dec.31,2007)

“i-channel”

subscription

rate

***

45%

(As of Dec.31,2007)

“pake-hodai”

subscription rate of

“i-channel”

subscribers

Approx.

40%

Boosted packet ARPU

i-channel revenue per sub

330

yen/month****

(Equivalent to 90

yen of packet ARPU)

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

1 year before joining

flat-rate package

Month of joining flat-rate

package

¥3,900

500

1,000

1,500

2,000

2,500

10-12(3Q)

06/1-3(4Q)

4-6(1Q)

7-9(2Q)

10-12(3Q)

07/1-3(4Q)

4-6(1Q)

7-9(2Q)

10-12(3Q)

-20

-10

Historical Growth of Packet

ARPU

Historical growth of Packet ARPU (mova+FOMA)

(Year-on-year changes (%))

(Packet ARPU ( yen))

Growth

packet

bill

“pake-hodai”

users

before joining flat-rate package (image)

Contribute to

ARPU growth

Flat-Rate Business -2-

Growth of Packet ARPU

Enrichment of content

ARPU growth of

volume-based billing users

Migration to flat-rate package

Estimated

from

user

samples

who

joined

“pake-hodai”

April,

2007

:Packet ARPU (mova+FOMA)

:Year -on-year changes

(Excluding impact of recognizing as revenues the unused portion of

Nikagetsu

Kurikoshi

(2-month carry over) allowances

FY2005

FY2006

FY2007

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

Flat-Rate Business -3-

No. of HSDPA-enabled handset users

Net additional “pake-hodai

full”

subscribers

0.0

0.5

1.0

1.5

2.0

2.5

3.0

06/12

07/3

07/6

07/9

07/12

(Million subscribers)

No. of net additional “pake-hodai

full”

subscribers increased after

the

launch

FOMA

905i

handsets

(HSDPA

embedded

standard

feature)

Compared to before

the launch of 905i,

Approx. 2 times

faster growth

Average monthly net additions

for Mar.-Nov. 2007

Net additions in Dec. 2007

User base of HSDPA-enabled handsets

increased sharply following

the release of FOMA 905i

Increased uptake of

“pake-hodai

full”

service

(1,000 subscribers)

“pake-hodai”

sub: 94%

“pake-hodai”

subs: 87%

“pake-hodai

full”

subs:

13%

“pake-hodai

full”

subs:

* Pie charts represent the breakdown of net additional “pake-hodai”

subscribers

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

DCMX

subscribers

grew

4.66

million,

and

no.

payment

terminals installed reached approx. 240,000 units

0

1

2

3

4

5

06/6

06/9

06/12

07/3

07/6

07/9

07/12

DCMX subs:

4.66 million

payment terminals installed:

Approx.

240,000

Targets for Mar. 31, 2008

Credit Business

No. of DCMX subs/iD payment terminals

(As of Dec. 31, 2007)

(Million subscribers)

Sales

channel

Card

lineup

Expanded

shops

supporting

iD credit

service

Started accepting DCMX members

at DoCoMo Shops

Issued Family Card/ETC Card/

Gold Card

Principal convenience store chains

Fast food chains

Small/mid-sized retailers

(Announced 10/26/2007)

DCMX subs:

No. of iD

terminals:

5 mil

250,000

Principal actions undertaken

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

Business Tie-up with Google

Jointly promote initiatives aimed at further enhancing the

convenience of mobile Internet

New

search services

Platform

Google

applications

Search-related advertisements using Google’s ad platform

Adwords™

New

mobile marketing

“Android”

software

platform

for

mobile

phones,

announced

the

Open

Handset

Alliance™

participated

Google

and

other

companies

Search results for official/non-official i-mode sites and PC

web sites to be displayed simultaneously

Set up search-box on top screen of “iMenu

”

Study possibility of

preloading Google Maps application as default handset

feature, and

supporting

Gmail™,

YouTube™,

Picasa™,

etc.,

i-mode

handsets

Study commercial introduction of “Android*”

on DoCoMo

handsets

To be studied jointly by Google and DoCoMo

Group

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

International services revenues grew 37% year-on-year

FY2006

1-3Q

FY2007

1-3Q

12.5

24.5

33.5

18.9

18. 9

+37%

+51%

No. of int’l roaming users

12.0

14.6

14. 6

(1,000 users)

Int’l roaming service users

(total roaming users including multiple counting of same user)

0

200

400

600

800

06/4-6(1Q)

7-9(2Q)

10-12(3Q)

07/1-3(4Q)

07/4-6(1Q)

7-9(2Q)

10-12(3Q)

International Business

Int’l dialing

revenues

Int’l roaming

revenues

(Billions of yen)

Int’l services revenues

Further expansion of international roaming revenues

GSM + 3G roaming capability installed in

FOMA905i series as a standard feature

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

FOMA coverage buildup entered phase of quality enhancement

06/12

07/3

07/6

07/9

07/12

08/3

(forecast)

32,500

9,100

10,400

35,700

39,000

14,200

11,300

37,300

Principal actions

HSDPA coverage

12,100

42,700

64.4%

758.0

-28.1%

488.2

679.3

CAPEX

(billions of yen)

Change

(1)

(2)

2008/3

(Full-year forecast)

(3)

(Announced on 07/10/26)

Progress to

full-year forecast

(2)/(3)

2007/4-12

(1Q~3Q) (2)

2006/4-12

(1Q~3Q) (1)

FOMA area quality enhancements

POP coverage

As of Dec. 31, 2007: 96%

As of Mar. 31, 2008:

97% (planned)

FOMA Network -1-

No. of outdoor base stations

No. of indoor systems

40,600

13,300

Coverage improvement in downtown

areas and other busy districts.

Coverage improvement taking human

traffic flow into consideration

Countermeasures against congestions

caused by “Happy New Year”

calls

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

FOMA coverage and quality improved significantly, as a result of

meticulous network quality enhancement efforts

Countermeasures

against

congestion

caused

“Happy

New

Year”

calls

Coverage improvement

taking human traffic flow into consideration

Restricted time

Restriction rate

Base stations

subject to restriction

Max. 30 min

Max. 70%

20% of total

Max.

min

Max.

50%

of total

(2007)

(2008)

(Conceptual image)

FOMA Network -2-

Coverage improvement

in downtown areas, etc.

For lower floors

of buildings,

underground areas

BS for

lower

floors

Booster

Highways,

railways,

pedestrian flow

Area tuning

tuning

Reinforced base stations

and switches

Booster

BS

for lower floors

Outdoor rooftop BS

Booster

BS

for lower floors

Outdoor rooftop BS

Significantly reduced time/areas subject to call restrictions as

well as restriction rate, to enhance customers’

convenience

Appendices

RESULTS

FOR

FY2007

SLIDE No.

/29

US GAAP

1,000

2,000

3,000

4,000

5,000

Equipment sales

348.3

363.3

477.0

Other revenues

72.8

88.9

121.0

PHS revenues

18.4

9.4

9.0

Cellular services revenues (voice, packet)*

3,157.6

3,060.5

4,060.0

2006/4-12(1Q~3Q)

2007/4-12(1Q~3Q)

2008/3(Forecast)

3,597.0

3,522.0

4,667.0

Operating Revenues

(Billions of yen)

“International

services

revenues”

are

included

“Cellular

services

revenues

(voice,

packet)”.

Operating revenues

for the first nine months

of FY2007

Compared to same

period of FY2006:

Down 2.1%

(Cellular services revenues)

Down 3.1% year-on-year

(Equipment sales revenues)

Up 4.3% year-on-year

Progress to full year

forecast:

75.5%

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

US GAAP

2,920.1

2,897.0

3,887.0

*Revenue-linked expenses: Cost of equipment sold + distributor commissions + cost of DoCoMo Point service

(Billions of yen)

Operating expenses

for the first nine months of

FY2007

Compared to same

period of FY2006:

Down 0.8%

Progress to full year

forecast:

74.5%

Operating Expenses

1,000

2,000

3,000

4,000

Personnel expenses

188.8

186.7

226.0

Taxes and public duties

27.4

29.2

39.0

Depreciation and amortization

537.4

558.0

772.0

Loss on disposal of property, plant and equipment and

intangible assets

35.5

43.5

69.0

Communication network charges

270.7

264.1

346.0

Non-personnel expenses

1,860.4

1,815.6

2,435.0

(Incl.) Revenue-linked expenses*

1,349.8

1,270.5

1,679.0

(Incl.) Other non-personnel expenses

510.6

545.1

756.0

2006/4-12(1Q~3Q)

2007/4-12(1Q~3Q)

2008/3(Full year forecast)

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

100

200

300

400

500

600

700

800

900

1,000

Other (information systems, etc.)

94.8

84.2

141.0

PHS business

0.9

0.3

0.0

Mobile phone business (FOMA)

495.7

337.2

512.0

Mobile phone business (mova)

15.2

10.4

13.0

Mobile phone business (Other)

72.7

56.1

92.0

2006/4-12(1Q~3Q)

2007/4-12(1Q~3Q)

2008/3(Forecast)

679.3

488.2

758.0

Capital Expenditures

(Billions of yen)

Capital expenditures

for the first nine months

of FY2007

Compared to same

period of FY2006:

Down 28.1%

Progress to full year

forecast:

64.4%

RESULTS

FOR

FY2007

SLIDE No.

/29

100

120

140

160

180

200

-25

-20

-15

-10

-5

MOU(Left axis)

149

152

151

146

145

146

139

140

139

Year-on-year changes in MOU (Right axis)

-2.0

-1.9

-1.3

0.7

-2.7

-3.9

-3.3

-4.8

-3.4

-4.1

-4.8

05/4-6(1Q)

7-9(2Q)

10-12(3Q)

06/1-3(4Q)

06/4-6(1Q)

7-9(2Q)

10-12(3Q)

07/1-3(4Q)

07/4-6(1Q)

7-9(2Q)

10-12(3Q)

MOU for FY2007/3Q was 139 minutes (Down 4.8% year-on-year)

FY07/1-3Q cumulative

MOU: 140

minutes

Cellular (FOMA+mova) MOU

For an explanation of MOU, please see Slide 28

of this document, “Definition and Calculation Methods of MOU and ARPU”.

Full-year MOU: 149

minutes

(Down 1.3% year-on-year)

Full-year MOU: 144 minutes

(Down 3.4% year-on-year)

(%)

(minutes)

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

48,170

+1.3%

47,831

47,208

i-mode

Other**

Migration from

mova

New

Replacement

New

PHS

FOMA

mova

Communication Module Service

FOMA

mova

MOU

(minutes)***

ARPU

(yen)***

No. of Subscribers (1,000)

Churn rate (%)

Handsets sold

(1,000)

(including handsets

sold without

involving sales by

DoCoMo)

Market share ( %

)

No. of Subscribers (1,000)*

-79.4%

213

1,035

-77.0%

167

725

-2.1

points

52.9

55.0

1,390

+47.2%

1,360

924

43,980

+31.0%

42,078

32,114

9,490

-44.9%

11,073

20,100

53,480

+1.8%

53,151

52,214

-2.6%

3,030

3,110

2008/3

(Forecast)

Changes

(1)

(2)

2007/4-12

(1Q~3Q)

(2)

2006/4-12

(1Q~3Q)

(1)

+51.0%

9,414

6,233

-25.8%

5,137

6,924

+16.5%

4,389

3,767

-22.0%

-70.7%

155

530

+0.13

points

0.85

0.72

*Communication Module Service subscribers are included in the number of cellular phone subscribers in order to align the calculation method of

subscribers with that of other cellular phone carriers. (Market share, the number of handsets sold and churn rate are calculated inclusive of

Communication Module Service subscribers.)

** Other includes purchases of additional handsets by existing FOMA subscribers.

***

For

explanation

MOU

and

ARPU,

please

see

Slide

this

document,

“Definition

and

Calculation

Methods

MOU

and

ARPU”.

Operational Results and Forecasts

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

No. of shares repurchased

(millions of shares)

Budget (billions of yen)

1.0

1.4

Max. authorized

0.3

(29.6%)

(25.0%)

200

Repurchase authorized at 16th

ordinary general shareholder mtg

0.95

(67.7%)

180.2

(72.1%)

250

Repurchase authorized at 15th

ordinary general shareholder mtg

Actual no. of shares

repurchased

Actual amount spent

Max. authorized

Fiscal

year

ending

Mar.

31,

2008

Planned

Dividend

per

4,800

yen

(Up

20%)

Repurchase of own shares:

Authorized to repurchase up to 1 million shares (maximum) for up to

200

billion

yen

Ordinary

General

Meeting

Shareholders on

June

19,

2007.

(Plan to cancel treasury shares kept in excess of 5% of issued shares at end of fiscal year.)

Returning profits to shareholders is considered one of the most important

issues in our corporate policies

Return to Shareholders

«Repurchase of Own Shares»

(As of Dec. 31, 2007)

RESULTS

FOR

FY2007

SLIDE No.

/29

Definition and Calculation Methods of MOU and ARPU

MOU

(Minutes

usage):

Average

communication

time

per

one

month

per

one

user.

ARPU

(Average

monthly

Revenue

Per

Unit):

Average monthly revenue per unit, or ARPU, is used to measure average monthly operating revenues attributable to designated services on a per

subscription basis. ARPU is calculated by dividing various revenue items included in our wireless services revenues, such as monthly charges, voice

transmission charges and packet transmission charges, from designated services which are incurred consistently each month, by the number of active

subscriptions to the relevant services. Accordingly, the calculation of ARPU excludes revenues that are not representative of monthly average usage such

as activation fees. We believe that our ARPU figures provide useful information to analyze the average usage per subscription and the impacts of

changes

our

billing

arrangements.

The

revenue

items

included

the

numerators

our

ARPU

figures

are

based

our

U.S.

GAAP

results

operations.

Aggregate ARPU (FOMA+mova): Voice ARPU (FOMA+mova) + Packet ARPU (FOMA+mova)

Voice

ARPU

(FOMA+mova):

Voice

ARPU

(FOMA+mova)

Revenues

(monthly

charges,

voice

transmission

charges) /

No.

of active cellular phone subscriptions (FOMA+mova)

Packet

ARPU

(FOMA+mova):

{Packet

ARPU

(FOMA)

Revenues

(monthly

charges,

packet

transmission

charges) +

i-mode ARPU (mova) Related Revenues (monthly charges, packet transmission charges)} /

No. of active cellular phone subscriptions (FOMA+mova)

i-mode

ARPU

(FOMA+mova):

i-mode

ARPU

(FOMA+mova)

Revenues

(monthly

charges,

packet

transmission

charges) /

No. of active cellular phone subscriptions (FOMA+mova)

Aggregate ARPU (FOMA): Voice ARPU (FOMA) + Packet ARPU (FOMA)

Voice

ARPU

(FOMA):

Voice

ARPU

(FOMA)

Revenues

(monthly

charges,

voice

transmission

charges)

No.

active

cellular phone subscriptions (FOMA)

Packet

ARPU

(FOMA):

Packet

ARPU

(FOMA)

Revenues

(monthly

charges,

packet

transmission

charges)

No.

active

cellular phone

subscriptions (FOMA)

i-mode

ARPU

(FOMA):

i-mode

ARPU

(FOMA)

Revenues

(monthly

charges,

packet

transmission

charges)

No.

active

cellular phone subscriptions (FOMA)

Aggregate ARPU (mova): Voice ARPU (mova) + i-mode ARPU (mova)

Voice

ARPU

(mova):

Voice

ARPU

(mova)

Revenues

(monthly

charges,

voice

transmission

charges)

No.

active

cellular phone subscriptions (mova)

i-mode

ARPU

(mova):

i-mode

ARPU

(mova)

Revenues

(monthly

charges,

packet

transmission

charges)

No.

active

cellular phone subscriptions (mova)

Number

active

subscriptions

used

ARPU

and

MOU

calculations

are

follows:

Quarterly data: sum of “No. of active subscriptions in each month”* of the current quarter

Half-year data: sum of “No. of active subscriptions in each month”* of the current half

Full-year data: sum of “No. of active subscriptions in each month”* of the current fiscal year

“No. of active subscriptions in each month”: (No. of subs at end of previous month + No. of subs at end of current month)/2

The revenues and no. of subscriptions of Communication Module Service are not included in the above calculation of ARPU and MOU.

RESULTS FOR 3Q

OF FY2007

SLIDE No.

/29

Reconciliation of the Disclosed Non-GAAP Financial Measures to

the Most Directly Comparable GAAP Financial Measures

EBITDA and EBITDA margin

Billions of yen

Nine months ended

December 31, 2006

Nine months ended

December 31, 2007

a. EBITDA

¥ 1,242.9

¥ 1,206.9

(537.4)

(558.0)

(28.6)

(23.9)

676.9

625.0

3.8

3.7

(276.7)

(253.3)

(0.2)

1.2

(0.0)

(0.1)

403.7

376.5

3,597.0

3,522.0

34.6%

34.3%

11.2%

10.7%

Note:

Free cash flows excluding irregular factors and changes in investments for cash management purposes

Billions of yen

Nine months ended

December 31, 2006

Nine months ended

December 31, 2007

¥ 31.9

¥ 361.2

(217.0)

9.0

49.4

147.7

(135.7)

517.9

(717.8)

(509.5)

582.0

1,027.4

Note:

(1) Irregular factors represent the effects of uncollected revenues due to a bank closure at the end of the fiscal period.

Changes of investments for cash management purposes (2)

Free cash flows

Net cash used in investing activities

Net cash provided by operating activities

Free cash flows excluding irregular factors and changes in investments

for cash management purposes

Net income margin (=b/c)

EBITDA and EBITDA margin, as we use them, are different from EBITDA as used in Item 10(e) of regulation S-K and may not be comparable to

similarly titled measures used by other companies.

Minority interests in consolidated subsidiaries

b. Net income

c. Total operating revenues

EBITDA margin (=a/c)

Irregular factors during the nine months ended December 31, 2007 were the net effect of bank closures as of March 31, 2007 and December 31,

(2) Changes in investments for cash management purposes were derived from purchases, redemption at maturity and disposals of financial instruments

held for cash management purposes with original maturities of longer than three months.

Irregular factors (1)

Depreciation and amortization

Losses on sale or disposal of property, plant and equipment

Operating income

Other income (expense)

Income taxes

Equity in net income (losses) of affiliates

Names of companies, products, etc.,

contained in this document are the trademarks or registered trademarks of their respective organizations